AGORACOM News Flash

AGORACOM WIRE - FRIDAY MAY 25TH, 2012

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc.

Aim to develop and manufacture the best technology graphite in the world
Additional shareholder value will come from investment in commercialized graphene through joint venture partner, Grafoid Inc.

Read More | *SPONSOR

INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

AGORACOM Maintenance Alert: Friday Evening Downtime for About an Hour Read More

LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013 Read More | *SPONSOR

Message: Settles Strike at Its Morococha Mine

Reply New Message

« Prev Message Back To Forum Go to Threaded View Next Message »

Clavis

Rank: [?]

President

Points: [?]

23987

Rating: [?]

Votes: 222 Score: 3.5

Currently 3.6/5 Stars.

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

Settles Strike at Its Morococha Mine

posted on Apr 15, 09 01:42AM

April 14, 2009

Pan American Silver Settles Strike at Its Morococha Mine

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 14, 2009) - Pan American Silver Corp. ("Pan American" or the "Company"), (TSX:PAA)(NASDAQ:PAAS) is pleased to report that last Wednesday, April 8, 2009, the Company and the unionized workers at its Morococha mine in Peru reached a settlement, which ended the strike that had started on April 2. Normal underground mining operations resumed on Friday, April 10, with both the Company and contractor miners reporting to work.

The Company also reports that the repairs to the crack in the primary rod mill, discovered in the course of maintenance activities that were being carried out during the strike, should be completed within the next two days. With the mill repaired, the processing plant should return to full capacity by this coming weekend.

Pan American does not expect the short term production disruption at Morococha to significantly impact its annual production objectives and the Company still expects to produce 21.5 million ounces in 2009, as previously forecast.

Reply New Message

« Prev Message Back To Forum Go to Threaded View Next Message »